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DEBT (Tables)
 12 Months Ended
Dec. 31, 2013
DEBT  
Schedule of debt

Information on our debt as of December 31, 2013 and 2012, is as follows (in thousands):

 
   2013   2012  

Mortgage loan with a fixed interest rate of 6.30% per annum, with monthly payments of principal and interest. The loan had a 251/2-year amortization schedule with a balance of $65,147,000 due on September 10, 2013. This loan was not prepayable and was nonrecourse to the Partnership. The loan was paid in full in 2013

   $ —   $ 66,644  

Mortgage loan with a fixed interest rate of 6.30% per annum, with monthly payments of principal and interest. The loan had an eight-year amortization schedule through September 10, 2013. This loan was not prepayable and was nonrecourse to the Partnership. The loan was paid in full in 2013

    
—		    
233		  

Mortgage loan with a fixed interest rate of 7.66% per annum, with monthly payments of principal and interest. The loan has a 20-year amortization schedule with a $25,324,000 balance due on December 1, 2015. The loan is nonrecourse to the Partnership

    
28,262		    
29,633		  

Mortgage loan with a fixed interest rate of 4.50% per annum, with monthly payments of interest only for 10 years, and payments of interest and principal starting in February 2022. The loan has a $42,008,000 balance due on January 5, 2027. The loan is nonrecourse to the Partnership

    
46,000		    
46,000		  

Mortgage loan with a fixed interest rate of 5.56% per annum, with monthly payments of principal and interest. The loan has a 10-year amortization schedule with a $12,288,000 balance due on July 1, 2015, and is nonrecourse to the Partnership

    
12,737		    
13,015		  

Mortgage loan with a fixed interest rate of 6.65% per annum, with monthly payments of principal and interest. The loan has a 25-year amortization schedule with a $21,136,000 balance due on July 15, 2018. The loan is nonrecourse to the Partnership

    
34,755		    
37,268		  

Mortgage loan with a fixed interest rate of 5.95% per annum, with monthly payments of principal and interest, and a balance of $10,500,000 due on December 1, 2013. The loan was nonrecourse to the Partnership. The loan was paid in full in 2013

    
—		    
10,748		  

Mortgage loan with a fixed interest rate of 5.06% per annum, with monthly payments of principal and interest, and a balance of $33,068,000 due on September 1, 2015. The loan is nonrecourse to the Partnership

    
34,583		    
35,391		  

Mortgage loans with a fixed interest rate of 5.39% per annum, with monthly payments of principal and interest, and a balance of $35,695,000 due on March 1, 2021. The loans are nonrecourse to the Partnership

    
41,170		    
41,780		  

Mortgage loan with a fixed interest rate of 5.18% per annum, with monthly payments of principal and interest, and a balance of $26,232,000 due on June 5, 2021. The loan is nonrecourse to the Partnership

    
30,812		    
31,305		  
           
​ ​ ​ ​ ​ ​ ​ ​

 

     228,319     312,017  

Premiums and discounts on assumed mortgages payable

    
2,786		    
3,614		  
           
​ ​ ​ ​ ​ ​ ​ ​

Total Mortgages Payable

     231,105     315,631  
           
​ ​ ​ ​ ​ ​ ​ ​

Unsecured revolving lines of credit

     164,000     30,000  
           
​ ​ ​ ​ ​ ​ ​ ​

Total Debt

   $ 395,105   $ 345,631  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           
Schedule of principal payments on debt

Principal payments on our debt as of December 31, 2013, are as follows (in thousands):

Years Ending December 31
  Mortages
Payable		   Other   Total  

2014

   $ 6,472   $ 64,000   $ 70,472  

2015

     77,055     —     77,055  

2016

     4,354     100,000     104,354  

2017

     4,642     —     4,642  

2018

     24,300     —     24,300  

Thereafter

     111,496     —     111,496  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 228,319   $ 164,000   $ 392,319  
               
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​